Heritage Woodland LLC
44-48 Woodland Avenue Rockaway, NJ 07866
Description
This property has 10 small units that come with warehouse and office space. This entire property went through an entire updating in 2016/2017. Each Unit has full heat throughout the space with the office section has a split heat and air conditioning unit. These Units come with small office area along with a tailboard or drive-in or both (depending on the unit). These 3 metal buildings are home to a range of manufacturers, warehouse users, eCommerce users and contractors. Outside Storage and recreational uses are permitted. This property is serviced by municipal water and sewer as well as JCP&L and New Jersey Natural Gas. This property is located on a dead-end street just off Route 46 and behind the Rockaway Animal Hospital. Each building has its own large parking lot. Surveillance cameras are running 24/7 and the parking lot is well lite.
*When using GPS for this property, please use “35 Woodland Avenue Rockaway, NJ 07866.
Current Availability -
Unit 47 - 4,000sf unit coming available between April and July 2024. Message for rental price. Tenant pays their share of snow removal and utilty usage.
Unit 46 - 1,370sf unit.
We can make available 4,000sf from April to July 2024 plus possibly an additional 3,370sf using Units 46 & 48. Unit 46 is available 11/2024 & unit 48 available 09/2024.
Property is 10,880sf building on just over an acre with good parking. Demising walls are non- load bearing. There is some auto equipment for sale. On private dead-end street. Property is about 250’ off Route 46E, has good parking, built 2015, no columns, good ceiling height and a lot of drive-ins.
Unit 47 / 4Ksf is for rent at $6.950 month GROSS. Available April to June. Unit 46 / 1,370sf is also use for auto repair by a separate tenant. Asking $2,550 month GROSS. Unit 48 is available around September. Asking $3,800 month GROSS. Tenant pays utilities and share of snow. No other tenant charges. Snow was 0.26psf last winter season and 0.45psf the winter season before. No columns and good parking. Extra parking available. Other approved additional permitted uses are outside storage of equipment, containers, vehicle serving plus auto sales. Can get the rest of the units in 11/2026 (approx. 3,500sf).$175k NOI IS PROJECTED FOR 2025. Rent $21psf GROSS plus tenant pays their utility use age and share of snow removal. Asking $3.2M.